Smart Connectivity Module Market Introduction
Smart connectivity module (SCM) is a standalone solution to support connected vehicle services and wireless network for passenger entertainment. The SCM integrates mobile telecommunication, such as 2G/3G/4G and geolocation GPS, Glonass, in a single module. The Smart Connectivity Module is a single connection and helps minimize radio waves inside the vehicle. The SCM enables the operation of connected vehicle services such as telematics and navigation while simultaneously allowing passengers to connect over the internet with their own devices.
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Smart Connectivity Module Market – Competitive Landscape
In 2017, Panasonic Corporation raised its stake in Ficosa Internacional SA by 20% to hold 69%. The companies formed a business alliance in 2015 with an aim to develop connectivity & driverless solutions
Valeo
Founded in 1923, Valeo is a leading company operating in smart mobility solutions with headquarters in Paris, France. The company provides SCM under the brand telematics module, which meets new safety regulations such as Era-Glonass, eCall, and Stolen Vehicle Recovery. Valeo is a key global player that supplies advanced driver assistance systems
Ficosa Internacional SA
Established in 1949, Ficosa Internacional SA has its headquarters in Barcelona, Spain. It is a leading manufacturer and provider of advanced vehicle technologies and products such as rear view system, ADAS, Emobility, communication systems, command and control, and industrial vehicles. The company has sales offices in over 16 countries spread across North America, Latin America, Europe, and Asia. SCM developed by the company has amfm, SDARS, and DAB antennas that cater to the market in the Americas, GPS antennas for the U.S. and EU, Glonass for Russia, and BeiDou for China. Ficosa’s SCM, in addition to providing internet to passengers, is also connected over Ethernet auto network to provide information such as communication between vehicles, emergency call, and vehicle position.
Smart Connectivity Module Market Dynamics
Rising demand for optimized standalone vehicle connectivity solution to drive the SCM market
Rise in demand for connected vehicle services has prompted OEMs to focus on the development of a single platform to support in-vehicle services, such as telematics control unit, emergency assistance, entertainment, and enable passenger devices such as smartphones and tablets to connect over the same internet. Usage of a standalone connection resolves complexity and reduces the radio signals in the vehicle.
Rise in sales of connected vehicles expected to boost demand for SCM
Rising consumer demand to connect the vehicle over the internet is boosting the sales of connected vehicles. Demand for vehicle connectivity is rising in commercial vehicles in order to track fleets and reduce operational losses. Increase in demand for connected vehicle in expected to propel the SCM market.
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Smart Connectivity Module Market Segmentation
Based on vehicle type, the smart connectivity module market can be segmented into
- Passenger Vehicle
- Light Commercial Vehicle
- Heavy Commercial Vehicle
Based on the sales channel, the smart connectivity module market can be bifurcated into
- OEM
- Aftermarket
Research objectives:-
– To study and analyze the global Smart Connectivity Module (SCM) consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Smart Connectivity Module (SCM) market by identifying its various sub-segments.
– Focuses on the key global Smart Connectivity Module (SCM) manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Smart Connectivity Module (SCM) with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
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In the end, Smart Connectivity Module (SCM) industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.
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